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14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
14 March 2024 | 9 replies
Reach out to hospital administration: Contact the administration office of the hospital and inquire about their housing needs.
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13 March 2024 | 4 replies
We are leaning towards bringing on a hard working administrative assistant to lighten the load and free up more time to focus on more pertinent tasks.Wondering if anyone can give us suggestions on the starting the process of being able to provide/offer health insurance to our employees.
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13 March 2024 | 14 replies
You're typically subject to by the rules and laws of that state, but it streamlines the administrative procedure.2.
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13 March 2024 | 9 replies
But according to New York City Law, (NYC Administrative Code §28-301.1) I share responsibility for the maintenance of the wall.Is there any legal way to protect myself from being held liable for the failing wall as I would consider the situation entirely due to the negligence of the bank-owned property?
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13 March 2024 | 0 replies
We are leaning towards bringing on a hard working administrative assistant to lighten the load and free up more time to focus on more pertinent tasks.This will be our first hire and are wondering what the best way to go about doing so is.
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13 March 2024 | 5 replies
Consult with a tax professional familiar with your state's laws.The Biden Administration's proposed FY 2024 budget includes the creation of “capped deferral” for 1031 exchanges.
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13 March 2024 | 8 replies
Out-of-State Investing: Investing locally has a number of advantages, such as knowledge with the market, simplicity of property administration, and the capacity for active involvement in your investments.
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11 March 2024 | 3 replies
@John SeitzAirport Appliance Stl 8925 Natural Bridge Rd Saint Louis, MO +1 (314) 801-8677River City Appliances816 Lemay Ferry RdSaint Louis, MO 63125+1 (314) 885-8374St Louis Appliance Outlet2253 Administration DrMaryland Heights MO 63146+1 (314) 932-0123
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11 March 2024 | 2 replies
Most (but not all) plans allow you to do it but check with your plan administrator before pursuing this route.